Information duty

Information duty is stipulated for all obliged entities in Section 24 of the AML Act.

Obliged entity has an obligation provide FAÚ the following information upon the FAÚ´s instruction and within the deadline stipulated by FAÚ:

• Information on business relations and transactions concerned by the identification duty or on business relations and transactions pursuant to the FAÚ´s inquiry; the obliged entity also submits to the Office documents related to such transactions or enables access to them by authorised employee - Section 24 (1);
• information needed for exercise of administrative supervision in accordance with Section 35 (7) – effective from 30. 12. 2024 Section 24 (4);
• information needed for strategic financial analysis – effective from 30. 12. 2024 Section 24 (5).